CFTC issues $9m fine for off-exchange options trading

The US Commodity Futures Trading
Commission (CFTC) has fined a binary options trading firm $9
million over violations of the regulator's off-exchange binary
options trading ban.

The CFTC said last on Wednesday that a
federal court in Nevada has fined Banc de Binary $7.1 million
in restitution as well as a $2m civil monetary penalty for
violating the its ban on off-exchange binary options
trading.